IBLC vs. MNA ETF Comparison

Comparison of iShares Blockchain and Tech ETF (IBLC) to IQ Merger Arbitrage ETF (MNA)

IBLC

iShares Blockchain and Tech ETF

IBLC Description

The fund invests at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in theindex. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.60

Average Daily Volume

6,780

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MNA

IQ Merger Arbitrage ETF

MNA Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.76

Average Daily Volume

39,461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBLC	MNA
30 Days	11.80%	1.42%
60 Days	22.35%	1.91%
90 Days	21.15%	1.68%
12 Months	67.54%	3.17%

0 Overlapping Holdings

	Symbol	Grade	Weight in IBLC	Weight in MNA	Overlap

IBLC Overweight 24 Positions Relative to MNA

Symbol	Grade	Weight
CLSK	D	11.67%
MARA	C	11.56%
COIN	C	10.39%
HUT	B	6.55%
WULF	B	5.39%
CORZ	B	5.22%
IREN	A	4.76%
BITF	B	4.21%
CIFR	B	4.1%
RIOT	D	3.99%
NVDA	B	3.87%
IBM	B	3.79%
MA	C	3.72%
AMD	B	3.59%
PYPL	D	3.15%
BTBT	B	2.18%
SQ	C	1.8%
HIVE	C	1.79%
CAN	D	1.49%
BTDR	B	0.71%
HOOD	B	0.56%
FOXA	B	0.41%
DXC	C	0.18%
AMBA	B	0.1%

IBLC Underweight 44 Positions Relative to MNA

Symbol	Grade	Weight
DFS	B	-6.57%
ANSS	C	-6.39%
X	C	-6.29%
ETRN	D	-6.21%
CTLT	B	-5.66%
JNPR	B	-4.93%
HCP	A	-4.54%
MRO	B	-3.35%
AIRC	A	-2.85%
SWN	D	-2.77%
CERE	C	-2.65%
ALE	C	-2.58%
AXNX	B	-2.42%
HIBB	A	-2.38%
CHX	C	-2.13%
OLK	A	-2.06%
WIRE	A	-2.01%
PRFT	B	-1.99%
IBTX	B	-1.47%
VZIO	B	-1.15%
MGRC	D	-1.14%
SRCL	B	-0.89%
AGS	B	-0.79%
HAYN	C	-0.78%
EVBG	B	-0.78%
OSG	A	-0.74%
AMK	B	-0.72%
HA	C	-0.64%
NWLI	A	-0.6%
SLCA	B	-0.49%
MODN	B	-0.44%
HTLF	B	-0.35%
SRDX	A	-0.31%
FA	C	--0.26%
UMBF	C	--0.36%
WSC	F	--0.46%
AA	B	--0.89%
SSB	D	--1.49%
SLB	D	--2.22%
CHK	D	--2.94%
IP	C	--3.74%
SNPS	B	--4.1%
EQT	D	--6.21%
COF	D	--7.29%